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 Replies: 13 / Views: 1,960 |
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New Member
United States
4 Posts |
A seller has 3 national bank notes, but the notes do not have the two bank signatures. Government signatures are there. Is this common? Also would this affect any premium they may determine? Edited by DanL1955
09/08/2016 10:36 am
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Pillar of the Community
United States
4637 Posts |
Welcome to CCF @DanL1955.
I've seen Large size Nationals where the signatures have faded into almost unreadable, and I've seen unsigned Obsoletes (remainders), but the only Large size Nationals I've seen without signatures are Proofs, and do not have serial numbers. Are you able to furnish scans or photos ?
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New Member
 United States
4 Posts |
 Hope this helps...able to get an image of one bill, as the restrictions on sending pics here kept me from uploading the 3 together. |
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Pillar of the Community
United States
4637 Posts |
Thanks. I've found several sold examples of the same Charter (3268) and almost all of the large size examples have faded signatures. I'm not saying that yours has faded signatures, but this example I have a link to looks almost just like yours. https://currency.ha.com/itm/nationa...bnail-071515Edited to add; Or maybe these notes were at one time cleaned/washed to improve their eye appeal, and the signatures took a hit. Hope this helps. Edited by SteveInTampa
09/08/2016 5:25 pm
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Pillar of the Community
United States
4409 Posts |
The practice in the beginning and continuing for afterwards was to send the uncut sheets from the Comptroller's Office unsigned. The notes were not valid until the bank officers placed their signatures to the notes. Afterwards the notes were separated from the sheets and placed in circulation. Some officers signed notes in ink while others used rubber stamps. Starting with Series 1902 the banks officers could have their signatures added directly to the printing plate. One sees engraved signatures mainly on notes from banks in big cities but there may be exceptions to this. I looked at the Heritage Auction archive for other notes on this bank to see what a note with signatures looked like. The officers of the FNB of Maryville used rubber stamps in purple ink to sign the notes. The signatures on this $10 are there but light https://currency.ha.com/itm/nationa...ption-071515-MV |
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Bedrock of the Community
United States
94367 Posts |
Steve and MVC - Thanks for the great detective work as always. These notes seem very high-grade, and it is hard to imagine three consecutive examples completely lacking their sigs from fading, though I suppose it is possible. As to value, even scarcity aside, they would have little interest to me - one of the most appealing aspects of the large NBNs is their signatures, but the market could well prove me wrong.  Edited by Coinfrog
09/08/2016 7:00 pm
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Pillar of the Community
United States
4409 Posts |
I've purchased a national bank note from the ebay seller that has these for sale. He seems like a good guy. Why not email him and ask if the signatures are being lost in the scans. Here's the lot the original poster is asking about 152202397731 |
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Bedrock of the Community
United States
94367 Posts |
I e-mailed him just out of curiosity.
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New Member
United States
4 Posts |
Thanks to all of you for your thoughtful information. I will probably email the seller also as I am still interested in the 3. It's possible Coinfrog's response may come sooner than mine, but I will update with any additional info.
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New Member
United States
4 Posts |
Received an email in response to my question to the seller. His response is : We got 3 CONSECUTIVE S/N notes here.and they are separated. I am not very sure the signatures missing or just gone,its very common for 1902 national bank notes. Thanks.
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Pillar of the Community
United States
4409 Posts |
This bank has 26 large size notes listed on the Kelly census CD that came with my 6th edition of his book. These three serial numbers aren't listed.
The three consecutive aspect is neat. Why someone decided to save three $20's in the same plate position and how they've managed to stay together 80+ years after being issued is cool.
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Pillar of the Community
United States
4409 Posts |
There are notes out there that have bold signatures Lyn Knight sold one in 2013 for a little over $1,000.
Most collectors would likely prefer a note with signatures over one with faded or missing signatures. However, one has to take what one can get on some banks.
Another aspect to take into consideration is most national bank note collectors are satisfied with having a single note representing a bank. Unless you come across someone that really wants any and all notes on that bank--you may have a tough time finding a buyer able to afford the group of 3 if you would happen to need to sell.
Ask yourself how much would you pay for a single note then multiply this by 3. This may or may not help you.
-MV
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Bedrock of the Community
United States
94367 Posts |
Good advice!  |
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Pillar of the Community
United States
4637 Posts |
Love the signatures on that 1902 NY PB Mr.frog....super clean looking note, great eye appeal. Edited to add my note with big sigs  Edited by SteveInTampa
09/10/2016 08:07 am
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Replies: 13 / Views: 1,960 |
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Posted 09/08/2016 3:50 pm
